10 Caen St 676 SF of Assignment Available in Braunton EX33 1AA
ASSIGNMENT HIGHLIGHTS
- Located within main retail core and close main car park pedestrian and vehicular entrance
- Stocking many well known brands including Jellycat, Becky Bettesworth, Orange Tree, House of Marbles
- All year round trade and life style business
- Caen Street car park is close-by
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 676 SF | Negotiable | $11,009 /YR | Internal Repairing & Insuring |
Ground
Our clients are inviting offers for the Leasehold interest of the property and business with an assignment of the existing renewable lease, although we understand the Landlords would consider granting a new lease subject to reference approval. The current rent for the premises is £8,500 pa, with the lease held on an internal repairing and insuring basis. Having been in the same ownership for the past 17 years, during this time it has been operated as a husband and wife partnership as well as sole operation by one of the partners. The business is operated 6 days per week, 9am-5pm, with main lines including gifts, cards, traditional toys and soft toys, with suppliers including Jellycat, Becky Bettesworth, Orange Tree and House of Marbles. The business qualifies for 100% small business rates relief and is operated with minimal outgoings with the last couple years each producing a net profit of £23,000. More accountancy information available after inspection. Offers are invited in the region of £39,950 Leasehold to include all trade fixtures, fittings and equipment plus SAV. Any current stock to be purchased at valuation upon completion, estimated at £20,000.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as Standard Retail Space
- Fully Carpeted
- Demised WC facilities
- Prominent double frontage and window display
- For sale after 17 years of successful operation
- Suitable for sole or partnership operation
- Assorted shelving and displays
- Counter servery and till
SELECT TENANTS AT 10 CAEN ST, BRAUNTON, DEV EX33 1AA
- TENANT
- DESCRIPTION
- UK LOCATIONS
- REACH
- Caen Cards & Gifts
- Retailer
- 1
- -
| TENANT | DESCRIPTION | UK LOCATIONS | REACH |
| Caen Cards & Gifts | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 676 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 676 SF |
| Year Built | 1980 |
ABOUT THE PROPERTY
The property has a prominent double frontage onto Caen Street, being the main arterial road through the village, and is within what is considered the retail core of the Village. There are assorted retail and leisure users in the immediate vicinity with Caen Street car park is also close-by.
